Average Credit / Collections Manager with Credit Control Skills Salary in Mumbai, Maharashtra

₹662,500
Avg. Base Salary (INR)
10%
₹273k
MEDIAN
₹663k
90%
₹2m

The average salary for a Credit / Collections Manager is ₹662,500 in 2025

Base Salary
₹273k - ₹2m
Bonus
₹10k - ₹102k
Total Pay
₹273k - ₹2m
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What Do Credit / Collections Managers Do?

Credit / Collections Manager Tasks
  • Oversee all general credit and collections processes.
  • Manages small claims court documentation and makes decisions on accounts to be written off.
  • Hire, manage, and motivate members of the collection team.
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FAQs About Credit / Collections Managers

What is the highest pay for Credit / Collections Managers in Mumbai?

Our data indicates that the highest pay for a Credit / Collections Manager in Mumbai is ₹2m / year

What is the lowest pay for Credit / Collections Managers in Mumbai?

Our data indicates that the lowest pay for a Credit / Collections Manager in Mumbai is ₹273k / year

How can Credit / Collections Managers increase their salary?

Increasing your pay as a Credit / Collections Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Credit / Collections Manager that oversees more junior Credit / Collections Managers, this experience can increase the likelihood to earn more.